{"id":22599,"date":"2019-12-26T16:40:13","date_gmt":"2019-12-26T16:40:13","guid":{"rendered":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/?p=22599"},"modified":"2022-06-24T23:16:30","modified_gmt":"2022-06-24T22:16:30","slug":"december-2019-insight","status":"publish","type":"post","link":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/2019\/12\/26\/december-2019-insight\/","title":{"rendered":"December 2019 Insight &#8211; Understanding Linkages in the Extractive Industries"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-four\" style=\"--awb-text-color:var(--awb-color5);\"><h4 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Summary<\/h4><\/div><div class=\"fusion-text fusion-text-1\"><p>Oil, gas and mineral resources \u2013 \u2018extractives\u2019 \u2013 can be used to drive public investments in infrastructure, health, education and other amenities. The key idea for policy-makers is \u2018linkage\u2019. Instead of viewing the extractives industry (EI) in isolation from the rest of the economy, an awareness of links, potential as well as actual, can lead to exciting opportunities for the policy-maker to enhance the benefits to the country. This article explains how linkage works, drawing on the latest research into this important subject. In this context, \u2018linkage\u2019 means more than simple links but rather the relationship between EI and its impact on the development of the rest of the economy of the resource-rich State. In a number of countries such as Botswana, South Africa, Indonesia, Norway and Ghana linkages in the extractives sector are employed \u2013 assertively &#8211; to foster economic diversification and \u2013 defensively &#8211; to offset shortfalls such as commodity price shocks and volatile revenues to which the EI sector is vulnerable. As Figure 1 illustrates, linkages come in many forms too, ranging from fiscal, production, upstream, downstream linkages, to structural ones.<\/p>\n<\/div><div style=\"text-align:left;\"><a class=\"fusion-button button-flat fusion-button-default-size button-custom fusion-button-default button-1 fusion-button-default-span \" style=\"--button_accent_color:#ffffff;--button_accent_hover_color:#ffffff;--button_border_hover_color:#ffffff;--button_gradient_top_color:var(--awb-color5);--button_gradient_bottom_color:var(--awb-color5);--button_gradient_top_color_hover:var(--awb-color4);--button_gradient_bottom_color_hover:var(--awb-color4);\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"View The Document\" aria-label=\"View The Document\" href=\"http:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-content\/uploads\/sites\/195\/2022\/06\/December-2019-Insight.pdf\"><i class=\"fa-file-pdf fas button-icon-left\" aria-hidden=\"true\"><\/i><span class=\"fusion-button-text\">View The Document<\/span><\/a><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22599","post","type-post","status-publish","format-standard","hentry","category-insights"],"_links":{"self":[{"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/posts\/22599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/comments?post=22599"}],"version-history":[{"count":3,"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/posts\/22599\/revisions"}],"predecessor-version":[{"id":22735,"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/posts\/22599\/revisions\/22735"}],"wp:attachment":[{"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/media?parent=22599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/categories?post=22599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.dundee.ac.uk\/energyhubplus\/wp-json\/wp\/v2\/tags?post=22599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}